Ben’s Special Day
This is the day when Bernanke could moderate his approach and let congress and its Fiscal Policy carry the day. There is no question in my mind that QE2 and tax cuts for the wealthy will be what incites the…Continue Reading →
Big Picture
A Change in Thinking
This is a little late today, but a confluence of events over the past two weeks is bringing together many pieces of my research from over the years. It is difficult to know where to start but since we do talk…Continue Reading →
Why Wait for 2013 ?
All this noise in Washington involving people who really don’t want to do anything. Let’s act now, have the Depression and get it over with. Just 12 easy steps to get rid of the excesses since 1982, cut deficits, and get to…Continue Reading →
T-Bond Update
T-bonds have declined around 8 percent since October 14th when we exited our long positions. They are probably due for a bounce from the current area. The Fed still has four months of buying in front of them. On the…Continue Reading →
Democrats are Enraged at Compromise
It is about time. Obama got their attention. They have had majorities in both houses and all they have done is to help the Republicans block and water down everything that has happened since Obama got in office. Who needs them…Continue Reading →
Generational Thinking
The news doesn’t get much better than this for the speculative traders who dwell in the moment and the tax cuts for the rich are the capstone. On the other-hand it might be a time when long term thinking is of…Continue Reading →
Employment is the Guiding Light
It seems like all the talk of stopping stimulus programs and letting tax cuts expire is being held in a vacuum. By what measure does Washington have the right to make any changes until the unemployment rate comes down to…Continue Reading →
Markets are Rolling Over
The market rollover that started earlier this month is gaining traction. The computer models which usually come in late as a confirmation are starting that confirmation process Recap of the 18 ETF Computer Model signals: Long : MOO,QQQQ,SPY,SMH,XLY,SHY,UUP Neutral : XLF,USO,DBA,IEV,IEF,TLT…Continue Reading →
You Fix the Budget
David Leonhardt’s articles in the past few weeks Sunday New York Times have been a good exercise and I highly recommend getting involved in the calculations for yourself. My comments back on November 3rd were a reflection of what could…Continue Reading →
Market Top is In
In looking over the charts a bit ago I realized that Tuesday’s high on the S&P did not take out last Fridays high, thats means the macro pattern recognition top was confirmed by yesterdays action and today is just a…Continue Reading →